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Home International Customs

Sri Lanka household incomes up, inequality down in 2016

byCT Report
23/10/2017
in International Customs
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COLOMBO: Sri Lanka’s real household incomes rose 15.8 percent to 43,370 rupees per month between 2013 and 2016, while inequality fell with lower income groups earning a higher share of income, the state statistics office said.

Nominal household incomes before adjusting for inflation rose from 45,787 rupees in a 2012/2013 to 62,237 rupees, Sri Lanka’s Department of Census and Statistics said. In a typical household in Sri Lanka there were 3.8 persons and 1.8 income receivers. Inequality measured by the Gini co-efficient fell to 0.45 in 2016 from 0.48 in 2013. The coefficient was developed by Corrado Gini, the main statistician of fascist dictator Benito Mussolini.

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